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Canada Energy Partners (TSXV:CE.H) Shiller PE Ratio : (As of Jun. 10, 2024)


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What is Canada Energy Partners Shiller PE Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Canada Energy Partners Shiller PE Ratio Historical Data

The historical data trend for Canada Energy Partners's Shiller PE Ratio can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Canada Energy Partners Shiller PE Ratio Chart

Canada Energy Partners Annual Data
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Canada Energy Partners Quarterly Data
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Competitive Comparison of Canada Energy Partners's Shiller PE Ratio

For the Oil & Gas E&P subindustry, Canada Energy Partners's Shiller PE Ratio, along with its competitors' market caps and Shiller PE Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Canada Energy Partners's Shiller PE Ratio Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Canada Energy Partners's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Canada Energy Partners's Shiller PE Ratio falls into.



Canada Energy Partners Shiller PE Ratio Calculation

For Shiller PE Ratio, the earnings of the past 10 years are inflation-adjusted and averaged. The result is used for P/E calculation. Since it looks at the average over the last 10 years, the Shiller PE Ratio is also called PE10.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The same calculation is applied here to individual companies.

Canada Energy Partners's E10 for the quarter that ended in Jan. 2024 is calculated as:

For example, Canada Energy Partners's adjusted earnings per share data for the three months ended in Jan. 2024 was:

Adj_EPS=Earnings per Share (Diluted)/CPI of Jan. 2024 (Change)*Current CPI (Jan. 2024)
=-0.002/125.0724*125.0724
=-0.002

Current CPI (Jan. 2024) = 125.0724.

Canada Energy Partners Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201404 -7.750 98.920 -9.799
201407 -0.055 99.315 -0.069
201410 -0.045 99.473 -0.057
201501 -0.048 98.209 -0.061
201504 -3.000 99.710 -3.763
201507 -0.044 100.579 -0.055
201510 -0.053 100.500 -0.066
201601 -0.004 100.184 -0.005
201604 -3.899 101.370 -4.811
201607 -0.049 101.844 -0.060
201610 -0.028 102.002 -0.034
201701 -0.064 102.318 -0.078
201704 -0.500 103.029 -0.607
201707 -0.041 103.029 -0.050
201710 -0.037 103.424 -0.045
201801 -0.037 104.056 -0.044
201804 -0.135 105.320 -0.160
201807 0.017 106.110 0.020
201810 -0.010 105.952 -0.012
201901 -0.015 105.557 -0.018
201904 -0.022 107.453 -0.026
201907 -0.020 108.243 -0.023
201910 -0.010 107.927 -0.012
202001 -0.010 108.085 -0.012
202004 -0.010 107.216 -0.012
202007 -0.020 108.401 -0.023
202010 0.100 108.638 0.115
202101 -0.020 109.192 -0.023
202104 -0.020 110.851 -0.023
202107 -0.010 112.431 -0.011
202110 -0.030 113.695 -0.033
202201 -0.010 114.801 -0.011
202204 -0.010 118.357 -0.011
202207 -0.010 120.964 -0.010
202210 -0.010 121.517 -0.010
202301 -0.003 121.596 -0.003
202304 0.000 123.571 0.000
202307 -0.002 124.914 -0.002
202310 -0.002 125.310 -0.002
202401 -0.002 125.072 -0.002

Add all the adjusted EPS together and divide 10 will get our E10.

Please note that we use the CPI data of the country/region where the company is headquartered. If the CPI data for that country/region is not available, then we will use the CPI data of the United States as default.


Canada Energy Partners  (TSXV:CE.H) Shiller PE Ratio Explanation

Compared with the regular PE Ratio, which works poorly for cyclical businesses, the Shiller PE Ratio smoothed out the fluctuations of profit margins during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Shiller PE Ratio should give similar results to regular PE Ratio.

Compared with the PS Ratio, the Shiller PE Ratio makes the comparison between different industries more meaningful.


Be Aware

Shiller PE Ratio assumes that over the long term, businesses and profitability revert to their means. If a company's business model does not work in the future compared with the past, Shiller PE Ratio and PS Ratio will give false valuations.


Canada Energy Partners Shiller PE Ratio Related Terms

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Canada Energy Partners (TSXV:CE.H) Business Description

Traded in Other Exchanges
N/A
Address
650-669 Howe Street, Vancouver, BC, CAN, V6C 0B4
Canada Energy Partners Inc is an independent natural gas exploration and development company focused on conventional oil and gas assets. The company was formed for the purpose of exploring for acquiring and developing coalbed methane reserves in the Peace River area of northeast British Columbia. The company operates its business in one geographic segment Canada.

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